Analyst’s Full Market Breakdown Shows Why Bitcoin Price Is Headed For $120,000

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin might be currently trending downwards, but a full fundamental breakdown shows it is ready to return to $120,000, and it is only a matter of time. 

According to an extensive fundamental analysis shared by Mr. Wall Street on X, the recent months of price stagnation and sudden drops are part of a larger accumulation phasedominated by institutional players. The overall setup, he argued, points clearly to Bitcoin’s eventual climb back above $120,000. Institutional Accumulation And Controlled Bitcoin Price Range

The analyst’s first point ishow Bitcoin has been trading within a 120-day range, oscillating between $107,000 and $123,000 to form what is a controlled consolidation range by institutions intended to push out weak retail investors. Mr. Wall Street noted that Bitcoin’s structure remains fundamentally bullish despite the prolonged sideways movement.  Related Reading Analyst’s Full Market Breakdown Shows Why Bitcoin Price Is Headed For $120,000 1 hour ago

Each attempt to break out above $120,000 strongly or below the $107,000 support has failed, a sign that large institutions are actively controlling liquidity within this narrow band. Every crash within this period, including the one caused by the Binance sell-off and Trump’s tariff war with China, was met by strong institutional bids near the $107,000 zone, even when Bitcoin went on a flash crashto $101,000. 

Therefore, there is no technical or structural weakness that invalidates the bullish thesis. The imbalance to the upside, he added, is sufficient to push Bitcoin back to trading in the $120,000 and $123,000 range, which is the Value Area High.

Mr. Wall Street also tied Bitcoin’s coming surge to changes within theFederal Reserve’s policies. He pointed out that despite claiming to end quantitative tightening, the Fed has quietly injected billions into the banking system through repo operations and mortgage-backed securities purchases. He highlighted a single Friday where $50.35 billion entered the system. Source: Chart from Mr. Wall on X

According to him, this liquidity will ultimately find its wayinto risk assets, including Bitcoin, in a pattern similar to the 2019 monetary response that preceded crypto’s 2020 and 2021 bull run. Although he warned that a fabricated crash could precede the next liquidity wave, this will only strengthen Bitcoin’s long-term position for another move to $120,000 and possibly higher. Gold And Bitcoin In The Battle For The Real Store Of Value

Mr. Wall Street also called attention to the psychological side of the current cycle, which has been highlighted by some investors gravitating towards gold. He argued that retail investors are being pushed to gold through manipulated narratives of stagflation and economic fear, while institutions quietly buy Bitcoin.“What’s ironic is that the same logic that drives people to buy gold should be making them buy Bitcoin instead,” he said.  Related Reading Analyst Reveals What Traders Are Missing After The Bitcoin Price Spike To $116,000 6 days ago

The ongoing gold hype is to distract the publicwhile institutions accumulate Bitcoin at discount levels. Once retail participants exit the crypto market entirely, then there is going to be a move upward that redefines Bitcoin’s price level. 

As he concluded, the boring sideways phase is nearing its end, and the next aggressive move, one that could carry Bitcoin back above $120,000, is only a matter of time. At the time of writing, Bitcoin is trading at $104,200. BTC trading at $104,211 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Pixabay, chart from Tradingview.com